For the seventh year in a row, Texas has snagged the No. 1 ranking in the survey when more than 500 CEOs considered a wide range of criteria, from taxation and regulation to workforce quality and living environmen.

5 Best States for Business in 2011TexasNorth CarolinaFloridaTennesseeGeorgia

5 Worst States for Business in 2011CaliforniaNew YorkIllinoisNew JerseyMichigan